Kuwait Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Kuwait's inflation rate was 2.18% in 2025, ranked 124th globally. This represents a 24.7% decrease from 2024. Data from World Bank, covering 1973–2025.
Overview
Kuwait's inflation rate stood at 2.18% in 2025, a decline of +0.71pp from 2024. The IMF projects 2.18% by 2025. Kuwait ranked 124th globally.
Kuwait’s inflation rate in 2025 stood at 2.18 percent, placing the country 124th in the World Bank’s global ranking and matching Andorra’s level while slightly below Jordan’s 2.19 percent and Portugal’s 2.16 percent. Over the 53‑year series, inflation has swung markedly, reaching an all‑time high of 12.99 percent in 1974 amid the oil‑price shock of the early 1970s, then falling to a trough of –0.55 percent in 1992 as post‑Gulf War adjustments suppressed domestic demand. Since the early 2000s, Kuwait’s price growth has generally trended within a narrow band around 2 percent, reflecting modest monetary easing and relatively stable oil revenues that buffer consumer price volatility. The current low‑to‑moderate inflation environment suggests that, barring a sharp decline in oil prices or an abrupt fiscal expansion, Kuwait is likely to maintain inflation near the 2 percent mark in the near term.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.70% | - | - |
| 2029* IMF | 1.80% | - | - |
| 2028* IMF | 1.94% | - | - |
| 2027* IMF | 2.14% | - | - |
| 2026* IMF | 2.23% | - | - |
| 2025* IMF | 2.18% | - | - |
| 2025 | 2.18% | −0.71pp | #124 |
| 2024 | 2.90% | −0.74pp | #88 |
| 2023 | 3.64% | −0.34pp | #50 |
| 2022 | 3.98% | +0.56pp | #28 |
| 2021 | 3.42% | +1.32pp | #96 |
| 2020 | 2.10% | +1.01pp | #103 |
| 2019 | 1.09% | +0.54pp | #59 |
| 2018 | 0.54% | −1.02pp | #18 |
| 2017 | 2.17% | −0.78pp | #95 |
| 2016 | 3.20% | −0.08pp | #132 |
| 2015 | 3.27% | +0.37pp | #130 |
| 2014 | 2.91% | +0.23pp | #113 |
| 2013 | 2.68% | −0.57pp | #103 |
| 2012 | 3.26% | −1.58pp | #87 |
| 2011 | 4.84% | +0.34pp | #101 |
Detected Pattern
Analysis
Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Kuwait's inflation rate was 2.18% in 2025. Ranked 124th globally. This represents a 24.7% decrease from the previous year.
Kuwait's inflation rate peaked at 12.99% in 1974.
The lowest inflation rate in Kuwait was -0.55% in 1992.
Kuwait ranks 124th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Kuwait's inflation rate is projected to reach 2.18% by 2025 based on IMF projection.
The inflation rate of Kuwait in 2025 was 2.18%. This ranks 124th in the world.
Cite this page
@misc{historysaid_kuwait_inflation-rate,
title = {Kuwait Inflation Rate},
url = {https://historysaid.com/kuwait/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}